IDEAS home Printed from https://ideas.repec.org/a/taf/glecrv/v27y1998i1p63-87.html
   My bibliography  Save this article

The economic necessity of the Northeast Asian economic sphere

Author

Listed:
  • Jung Mo Kang

Abstract

Integration is increasing rapidly. The main reasons why integration is increasing rapidly are the trade liberalization process under way in most developing and transitional countries and the conclusion of the Uruguay Round Agreements. Furthermore, regionalism is intrinsically supported by the multilateral trading system. Article XXIV of the GATT allows the establishment of FTAs and CUs under certain conditions. The provisions are designed to ensure that any such arrangements will encourage the creation of new trading opportunities among the members, as opposed to diverting trade away from non-members. This article elaborates on economic interdependence in Northeast Asia (NEA) and compares the NEA economic sphere with other major economic spheres.

Suggested Citation

  • Jung Mo Kang, 1998. "The economic necessity of the Northeast Asian economic sphere," Global Economic Review, Taylor & Francis Journals, vol. 27(1), pages 63-87.
    • Handle: RePEc:taf:glecrv:v:27:y:1998:i:1:p:63-87
    DOI: 10.1080/12265089808449726
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/12265089808449726
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/12265089808449726?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Richard E. Baldwin, 1997. "The Causes of Regionalism," The World Economy, Wiley Blackwell, vol. 20(7), pages 865-888, November.
    2. Jeffrey A. Frankel, 1993. "Is Japan Creating a Yen Bloc in East Asia and the Pacific?," NBER Chapters, in: Regionalism and Rivalry: Japan and the United States in Pacific Asia, pages 53-88, National Bureau of Economic Research, Inc.
    3. Yeats,Alexander James, 1997. "Does Mercosur's trade performance raise concerns about the effects of regional trade arrangements?," Policy Research Working Paper Series 1729, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lucian Cernat, 2001. "ASSESSING REGIONAL TRADE ARRANGEMENTS: ARE SOUTH–SOUTH RTAs MORE TRADE DIVERTING?," International Trade 0109001, University Library of Munich, Germany.
    2. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 2, Edward Elgar Publishing.
    3. Nigel Nagarajan, 1998. "MERCOSUR and Trade Diversion: What Do The Import Figures Tell Us?," European Economy - Economic Papers 2008 - 2015 129, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    4. Austria, Myrna S., 2003. "East Asian Regional Cooperation: Approaches and Processes," Discussion Papers DP 2003-02, Philippine Institute for Development Studies.
    5. Austria, Myrna S., 2001. "Liberalization and Regional Integration: The Philippines' Strategy to Global Competitiveness," Discussion Papers DP 2001-09, Philippine Institute for Development Studies.
    6. Tzu-Han YANG & Deng-Shing HUANG, 2011. "Multinational Corporations, FDI and the East Asian Economic Integration," Discussion papers 11071, Research Institute of Economy, Trade and Industry (RIETI).
    7. Baldwin, Richard Edward & Rieder , Roland, 2007. "A Test of Endogenous Trade Bloc Formation Theory on EU Data," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 11(2), pages 77-110, December.
    8. Jeffrey A. Frankel & Shang-Jin Wei, 2007. "Assessing China's exchange rate regime [‘Working with the IMF to strengthen exchange rate surveillance’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 22(51), pages 576-627.
    9. Mr. Enzo Croce & Mr. V. Hugo Juan-Ramon & Mr. Feng Zhu, 2004. "Performance of Western Hemisphere Trading Blocs: A Cost-Corrected Gravity Approach," IMF Working Papers 2004/109, International Monetary Fund.
    10. Kim, Bong-Han & Kim, Hyeongwoo & Min, Hong-Ghi, 2013. "Reassessing the link between the Japanese yen and emerging Asian currencies," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 306-326.
    11. Salazar-Xirinachs, Jose M., 2002. "Proliferation of sub-Regional Trade Agreements in the Americas: an assessment of key analytical and policy issues," Journal of Asian Economics, Elsevier, vol. 13(2), pages 181-212.
    12. Piriya Pholphirul, 2010. "Does AFTA Create More Trade for Thailand? An Investigation of Some Key Trade Indicators," Journal of Current Southeast Asian Affairs, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 29(1), pages 51-78.
    13. Jeffrey A. Frankel & Ernesto Stein & Shang-Jin Wei, 1998. "Continental Trading Blocs: Are They Natural or Supernatural?," NBER Chapters, in: The Regionalization of the World Economy, pages 91-120, National Bureau of Economic Research, Inc.
    14. Leonardo Baccini, 2010. "Explaining formation and design of EU trade agreements: The role of transparency and flexibility," European Union Politics, , vol. 11(2), pages 195-217, June.
    15. Ružeková Viera & Kašťáková Elena, 2018. "Comparison of the Visegrad group and Baltic countries in terms of multi-criteria competitiveness indicators," Studia Commercialia Bratislavensia, Sciendo, vol. 11(39), pages 91-106, June.
    16. Vicard, Vincent, 2012. "Trade, conflict, and political integration: Explaining the heterogeneity of regional trade agreements," European Economic Review, Elsevier, vol. 56(1), pages 54-71.
    17. Jeffrey A. Frankel, 1993. "Monetary regime choices for a semi-open country," Pacific Basin Working Paper Series 93-02, Federal Reserve Bank of San Francisco.
    18. Jeffrey A. Frankel & Nouriel Roubini, 2001. "The Role of Industrial Country Policies in Emerging Market Crises," NBER Working Papers 8634, National Bureau of Economic Research, Inc.
    19. Young Rok Cheong & Kap-Young Jeong & Young-ryeol Park, 1998. "The Korean financial crisis: Causes, impact on FDI, and implications for Central Asia," Global Economic Review, Taylor & Francis Journals, vol. 27(2), pages 37-58.
    20. Aggarwal, Raj & Mougoue, Mbodja, 1996. "Cointegration among Asian currencies: Evidence of the increasing influence of the Japanese yen," Japan and the World Economy, Elsevier, vol. 8(3), pages 291-308, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:glecrv:v:27:y:1998:i:1:p:63-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RGER20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.